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Street research for Rexnord Corporation expected on May 8

By Renaissance Capital,  May 03, 2012, 07:00:05 AM EDT

Street research for Rexnord Corporation, which manufactures gears, couplings, bearings and water management products, is expected to be released on 5/8/12. On 3/28/12, the company raised $426.3 million by offering 23,684,211 shares at $18.00, at low end of the range of $18.00 to $20.00. BofA Merrill Lynch, Goldman Sachs, Credit Suisse, Deutsche Bank and Barclays acted as joint bookrunners on the deal.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, IPOs

Referenced Stocks: RXN



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